The Summit Between Belt & Road and Moat & Muscle

Base Metals METALS

The Trump-Xi summit scheduled for Beijing on 14-15 May is currently expected to proceed, though some uncertainty remains given the path of escalation following the…

May 11, 2026 - George Griffiths

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Hormuz, the hidden dependencies, and what gets obscured when the tankers start moving

Base Metals METALS

What follows is an attempt to map a plausible near-term scenario around a Hormuz agreement, and to examine what it would actually mean beneath the…

April 29, 2026 - George Griffiths

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Tariffs, Alliances and the Strait of Hormuz

Base Metals METALS

If “off ramp” was on your geopolitical catchphrase bingo card last week, congratulations. The search for stabilisation, rather than outright victory, has quickly become the…

March 16, 2026 - George Griffiths

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SCOTUS and Tariffs: A Small Matter of $130bn

Base Metals METALS

The Supreme Court’s ruling on IEEPA has subtly shifted the tariff debate from being largely constitutional to increasingly fiscal. IEEPA reportedly generated revenue in excess…

February 26, 2026 - George Griffiths

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Market Stress, Liquidity, and Administrative Control Across Metals

Base Metals METALS

Increased stress across industrial and base metals appeared to emerge suddenly toward the end of last week, seemingly undermining an investment case that has been…

February 4, 2026 - George Griffiths

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Digesting Davos

Base Metals METALS

Davos served as confirmation of an emerging narrative, marking a clearer acceptance of what risk now represents in a world where fragmentation, persistent inflation, and…

January 26, 2026 - George Griffiths

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Aluminium, power, and industrial realism: China’s build versus Western constraints

Aluminium Base Metals METALS

The aluminium market is increasingly being shaped by power systems rather than feedstocks or headline capacity additions. The key divergence lies in how China is…

January 23, 2026 - George Griffiths

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AMT attends MRAI India

Base Metals India METALS

We proudly participated in the MRAI India event, showcasing our company and cutting-edge product portfolio while reinforcing our commitment to delivering innovative, high-impact solutions for…

January 23, 2026 - Carly Hughes

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Tin Market Report

Base Metals METALS

Tin: pricing power sits midstream, not at the warehouse London tin prices have moved beyond $52,000 per ton, reaching new highs even as visible exchange…

January 16, 2026 - George Griffiths

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